# SiTration

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sitration

- Industry: Materials
- Headquarters: Cambridge, US
- Website: www.sitration.com
- Total disclosed funding: $12M
- Latest round: Seed (May 7, 2024)
- Investors on record: 6

## About

Based in Massachusetts, US, and founded in 2020 by CEO Brendan Smith and Jeffrey Grossman, SiTration, Inc. develops filtration membranes that extract materials such as lithium, cobalt, and nickel from recycled electric vehicles batteries. In July 2022, SiTration, Inc. raised USD 2.5 million in pre-seed funding led by Azolla Ventures, with the participation of the E14 Fund.

The company provides filtration membrane technology that eliminates the need for energy- and resource-intensive chemical and thermal separation methods, as well as enable a recovery yield of over 95 percent of the critical materials in an electric vehicle battery for reuse.

SiTration plans to use its proceeds from July 2022 funding to further develop its technology for the recovery of critical materials in the lithium-ion battery recycling process and accelerate talent acquisition.

## Funding rounds

- Seed, May 7, 2024, $12M — Orion Resource Partners, E14 Fund, 2150, BHP Ventures, Extantia, Azolla Ventures

## Investors

- Orion Resource Partners (https://capitalatlas.ai/funds/orion-resource-partners) — Seed
- E14 Fund (https://capitalatlas.ai/funds/e14-fund) — Seed
- 2150 (https://capitalatlas.ai/funds/2150) — Seed
- BHP Ventures (https://capitalatlas.ai/funds/bhp-ventures) — Seed
- Extantia (https://capitalatlas.ai/funds/extantia) — Seed
- Azolla Ventures (https://capitalatlas.ai/funds/azolla-ventures) — Seed